February 2018

CIBC ends foreign program

Posted on Feb 16, 2018

A really interesting quick read from the team over at Betterdwelling.com:



"Foreign buyers just got one of the most aggressive hurdles when buying Canadian real estate. TheCanadian Imperial Bank of Commerce (CIBC) quietly notified its mortgage advisors the “Foreign Income Program” has ended. The program was replaced on February 1, 2018, with a new pr...

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Double Recusal

Posted on Feb 11, 2018

2018 arrived with uncertainty about how the new rule changes in real estate would impact the market, the industry, and now... the clients. If you've been connected to any of the media updates about the March 15 Real Estate Rule Amendments coming. 

In an effort to create consumer confidence and protection, the real estate council/OFSI is recommending...

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